Loans
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Cooperatives & Communities
Bushenyi poverty levels remain at 11 percent as SACCOs struggle with loan defaults
BUSHENYI, October 12, 2026 — Bushenyi district LC V Chairman Prosper Twebaze has called for a dedicated post-COVID-19 recovery fund to support households and financial institutions struggling with persistent economic pressures, as…
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Finance & Banking
Ugandan businesses cut borrowing as credit costs and economic pressures bite
KAMPALA, October 7, 2026 — Borrowing by Ugandan businesses has fallen sharply, with new Bank of Uganda [BoU] data showing a steep decline in loan applications amid concerns over lending costs and…
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News
PDM livestock losses leave Soroti beneficiaries struggling to repay funds
SOROTI, October 5, 2026 — Livestock theft and disease are frustrating Parish Development Model [PDM] beneficiaries in Soroti City, with some losing animals bought with programme funds and struggling to repay the…
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News
Gov’t recovers only Shs 6bln of Shs 4.3trn disbursed under PDM
KABALE, September 25, 2026 — Government has recovered only about Shs 6 billion out of the Shs4.3 trillion disbursed to beneficiaries under the Parish Development Model [PDM], raising concerns over the low…
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Finance & Banking
Uganda private-sector credit growth accelerates to 16.1 percent as lending rates fall
KAMPALA, September 20, 2026 — Lending to Uganda’s private sector accelerated sharply in the three months to June 2026, as commercial banks lowered interest rates on shilling-denominated loans and credit demand strengthened,…
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Education
Girls edge boys as 2,790 secure higher education loans
KAMPALA, September 11, 2026 — The Government of Uganda has awarded higher education loans to 2,790 students for the 2026/2027 academic year under the Higher Education Students’ Financing Scheme [HESFS], with female…
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Environment
Lenders cry foul as borrowers divert green loans to fund forest destruction
MASAKA, September 8, 2026 — Lenders in the Greater Masaka have expressed dismay over the way some borrowers are using green loans to finance charcoal burning and the felling of trees for…
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Cooperatives & Communities
Nebbi struggles to recover first PDM disbursement as grace period ends
NEBBI, September 6, 2026 — Nebbi district is struggling to recover the first batch of Parish Development Model [PDM] funds disbursed to beneficiaries two years ago, with district leaders reporting low repayment…
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Finance & Banking
Finance minister calls for patient capital to support Uganda’s Tenfold Growth Strategy
KAMPALA, August 26, 2026 — The Minister of Finance, Planning and Economic Development, Henry Musasizi, has called on the Uganda Bankers’ Association [UBA] to work towards lowering the cost of credit and…
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Finance & Banking
UDB board approves Shs 63bln in recapitalisation as 2025 profit jumps 9.7 percent
KAMPALA, August 17, 2026 — The Uganda Development Bank [UDB] board has approved Shs 63 billion in recapitalisation following the disbursement of at least Shs 502.2bln to facilitate private sector growth. The…
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